Japan Uncertainty Hindering Mozambique LNG Deals, Anadarko Says

Uncertainty over government policy is keeping Japanese buyers from signing contracts for fuel from the world’s second-largest liquefied natural gas plant planned in Mozambique, according to one of the project’s developers.

Buyers from the Asian nation have been reluctant to commit to buying fuel from the African country because of pending Japanese government decisions on nuclear plant restarts and power grid policies that will affect future demand, A. Scott Moore, vice president of marketing for Anadarko Petroleum Corp. said today in Tokyo.